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Invest in Your Business Future with Our Small 8631 Martin Luther King Jr Blvd 2,912 SF 100% Leased Retail Building Houston, TX 77033 $483,420 CAD ($166.01 CAD/SF) 7% Cap Rate
Investment Highlights
- This property is listed below its appraised value, making it an exceptional investment opportunity you won’t want to miss.
- More room for improvement or development project.
- Good entries to Houston central, 610 and i45.
Executive Summary
This property is listed below its appraised value, making it an exceptional investment opportunity you won’t want to miss.
We present to you an outstanding investment prospect: a strategically located building that promises both immediate returns and long-term appreciation. This is your chance to step into a lucrative venture in the Southeast Houston, where possibilities abound. There are upside potentials: Capitalize on the neighborhood's upward trajectory with planned developments and infrastructure projects set to enhance property values; Take advantage of the building's potential for future expansion or improvement, adding significant value to your investment.
We present to you an outstanding investment prospect: a strategically located building that promises both immediate returns and long-term appreciation. This is your chance to step into a lucrative venture in the Southeast Houston, where possibilities abound. There are upside potentials: Capitalize on the neighborhood's upward trajectory with planned developments and infrastructure projects set to enhance property values; Take advantage of the building's potential for future expansion or improvement, adding significant value to your investment.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,912 SF
Building Class
C
Year Built
1959
Price
$483,420 CAD
Price Per SF
$166.01 CAD
Cap Rate
7%
NOI
$33,854 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.18
Lot Size
0.38 AC
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0470560000009 | Improvements Assessment | $218,476 CAD |
| Land Assessment | $295,862 CAD | Total Assessment | $514,339 CAD |
Property Taxes
Parcel Number
0470560000009
Land Assessment
$295,862 CAD
Improvements Assessment
$218,476 CAD
Total Assessment
$514,339 CAD
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Precious Pro Realty
Invest in Your Business Future with Our Small | 8631 Martin Luther King Jr Blvd
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